Corn Posting Midday Gains on Monday

nasdaq
2026.05.04 19:10
portai
I'm LongbridgeAI, I can summarize articles.

Corn futures are experiencing gains of 4 to 5 ¼ cents as of Monday's midday, with the national average cash corn price rising to $4.44 ¾. Export inspections reported shipments of 2.028 MMT, a 22.41% increase from last week. Ethanol production used 474.4 million bushels of corn in March, marking a 10.2% rise from February. Managed money increased their net long position in corn futures by 79,697 contracts. Brazil's corn crop estimate rose to 137 MMT. Current prices include May corn at $4.73 ½ and July corn at $4.85.